Campsie & surrounding

Discussion in 'What to buy' started by StefanG09, 21st Sep, 2020.

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  1. StefanG09

    StefanG09 Active Member

    Joined:
    30th Aug, 2020
    Posts:
    40
    Location:
    Sydney NSW
    What are peoples thoughts on Campsie, Ashfield, Croydon and surrounding properties for investment? in particular apartments i've read in a few places on here Marickville may turn into the new Newtown? would be interested in people thoughts
     
    StefanG09, 21st Sep, 2020
    #1
  2. WhereismyHouse

    WhereismyHouse Member

    Joined:
    13th Oct, 2019
    Posts:
    18
    Location:
    Sydney
    I am looking at campsie..close to where coles is...close to city, shopping center is what exictes me
     
    WhereismyHouse, 1st Nov, 2020
    #2
  3. Maximus

    Maximus Well-Known Member

    Joined:
    4th Aug, 2019
    Posts:
    86
    Location:
    Sydney
    Buying for investment or PPOR?
    Campsie is well connected and convenient, a bit on the pricey side but not as much as croydon/ashfield.
    Belmore is ~10-20% less and Lakemba ~20-30% less for a comparable property.
    Main issue with Campsie is alot of units and there are plans to dump alot more into it.
    Same issue with Belmore, lots of high density development going on with more planned.
    Also parking in Campsie has always been an issue and will only get worse, same as any suburb along the stations with lots of development going on though.
    Make sure you buy with a dedicated parking spot if you even think you will have a car, also good to have if you ever decide to sell as it appeals to more people.
     
    Maximus, 2nd Nov, 2020
    #3